World
Switzerland To Legalize Recreational And Medical Cannabis Usage
ZURICH– The Swiss government proposed this week to allow prescriptions for cannabis to treat people suffering from cancer or other serious conditions. Cultivation, trade and consumption of cannabis will no longer be banned in Switzerland following the conclusions of a Swiss government health panel. The panel evaluation cannabis said the laws should be changed, Swiss ...
Innocan Pharma Corporation Closes C$8.2 Million Private Placement with Institutional Investors
HERZLIY, Israel – Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) announced that it has closed its previously announced private placement of the Company's common shares and warrants to purchase common shares to institutional investors for aggregate gross proceeds to the Company of C$8 million. "Innocan Pharma is growing," said CEO Iris Bincovich. "This ...
Snoop’s VC Casa Verde Targets Booming European Cannabis Industry
LISBON–US rap artist Snoop Dogg is the co-founder of Casa Verde, a vulture capital (VC) fund based in Los Angeles that focuses on the cannabis industry. He's now turning his attention to Europe. Casa Verde announced on Tuesday it was investing $15 million (€13 million) into Portugal’s medical cannabis firm AceCann. It is the US ...
High Tide Enters U.K. Market Through Acquisition of Blessed CBD
CALGARY–High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis company manufacturing consumption accessories, is pleased to announce that it is taking another step towards solidifying itself as a major player within the global e-commerce marketplace for hemp-derived CBD products, by entering into a definitive agreement, pursuant to which High Tide will acquire ...
Kaival Brands to Launch UK Market
GRANT, Fla. - Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL), the global distributor of products manufactured by Bidi Vapor, LLC, announced its plan to launch distribution of its products in the United Kingdom. Following the U.S. Food and Drug Administration's decision to deny marketing authorization for flavored electronic nicotine delivery systems, which Bidi Vapor is ...
Cantourage Partners with FarmaGrowers to Bring First South African Medical Cannabis to Germany
BERLIN - European medical cannabis Cantourage and South Africa-based farming enterprise FarmaGrowers have confirmed an agreement to supply South African medical cannabis dried flower products to German pharmacies. The agreement means that Germany's growing number of currently more than 128,0001 patients will now have access to South African medical cannabis dried flower products for the ...
Jamaican Cannabis Launching for German Medical Cannabis Patients
BERLIN - European cannabis company Cantourage and Australian-based operator Cannim are now deepening their partnership with the introduction of an innovative new Jamaican cannabis strain to Germany pharmacies. The launch of HummingBud follows just four weeks after that of Lumir, the first Jamaican medical cannabis flower product to be made available in Germany. Cantourage has ...
Italy Decriminalizes Recreational Cannabis & Permits Home Grows
ROME–Italy has suddenly been thrust into the forefront of the nascent European cannabis industry with a vote in parliament which legalized home-grow cannabis following a vote from their lower parliamentary house, similar to the US Congress. The Italian reform decriminalizes growing up to four cannabis plants for personal use. Italy now one of first European ...
France Medical Cannabis Patient Program Gets Underway
EDMONTON, AB– Aurora Germany GmbH, a subsidiary of Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, and Ethypharm, have successfully delivered their initial shipment of cannabis to the French medical cannabis pilot program, set to begin serving patients in the coming weeks. Aurora and Ethypharm were selected by ...
The Green Organic Dutchman Completes First International Cannabis Shipment
TORONTO -- The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US-OTC: TGODF), a producer of premium certified organically grown cannabis, announced it completed its first international commercial shipment consisting of cannabis flower and other extracts destined for the South African medical cannabis market. TGOD's cannabis flower is reported to be the first to be distributed ...
Russian Investor Andrey Blokh Acquires 723,000 Voting Shares of Curaleaf
MOSCOW–Mr. Andrey Blokh announced he acquired 722,577 subordinate voting shares of Curaleaf Holdings Inc. representing approximately 0.12% of the presently issued and outstanding Subordinate Voting Shares of the Company. The 722,577 Subordinate Voting Shares were acquired in the context of transactions entered into among Mr. Blokh, the Company and an indirect subsidiary of the Company, ...
ALT Cannabis Announce Agreement with Grow Group for Expansion into European Medical Cannabis Markets
LOS ANGELES–Pioneering liquid cannabis company ALT (Advanced Liquid Technology), announced it has entered into an agreement with Grow (Grow Group Plc) to market and distribute ALT’s proprietary, fast-acting, liquid medical cannabis products across Europe. ALT uses emulsion technology to create unique flavor neutral, zero calorie, sugar-free, vegan, keto, and paleo friendly water-compatible medical cannabis products ...
GW Pharma Receives Approval for Epidoylex (CBD) from the U.K. Government for the Treatment of Seizures Called Tuberous Sclerosis Complex
LONDON–GW Pharmaceuticals, involved in discovering, developing and delivering regulatory approved cannabis-based medicines and now part of Jazz Pharmaceuticals plc (NASDAQ: JAZZ), today announces that the UK Medicines and Healthcare Products Regulatory Agency (MHRA) has approved a new indication for GW's cannabidiol as an adjunctive treatment of seizures associated with tuberous sclerosis complex, for patients two ...
Curaleaf International Launches Second Medical Cannabis Flower Product for UK Market
LONDON–Curaleaf International (formerly EMMAC Life Sciences Group), Europe’s largest vertically integrated cannabis company, is pleased to announce the launch of its second range of medical cannabis flower products for the UK market. The new products are being manufactured in the UK and will be an extension to Curaleaf International’s existing range of medical cannabis flower ...
PharmaCielo Welcomes Colombian Government’s New Cannabis Decree
TORONTO and RIONEGRO, Colombia– PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF), the Canadian parent of Colombia's premier cultivator and producer of medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., congratulates the Colombian Government and President Duque for signing the new set of legislation. The Decree aims to make the country's legal cannabis industry more competitive on a ...
Kanabo Signs Agreement to Acquire Materia and Create Europe’s Largest Public Cannabis Company
LONDON–Kanabo Group Plc (LSE:KNB), the first medical cannabis company to IPO on London Stock Exchange, has signed a Letter of Intent to acquire Materia, a leading processor and distributor of medical cannabis and CBD wellness products across Europe. Kanabo’s Board of Directors has been actively exploring new partnerships and opportunities to accelerate Kanabo’s growth and ...
Red Light Holland Sells Approximately 350,000 Grams of Magic Truffles
TORONTO–Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX), an Ontario-based corporation engaged in the production, growth and sale of a premium brand of magic truffles to the legal, recreational market within the Netherlands, is pleased to provide an update on the distribution of its Red Light Holland truffle farm and iMicrodose Packs in the Netherlands. ...
The Israeli Medical Establishment Voices Support For Tikun Olam-Cannbit’s Partnership With HMOs And Hospital
TEL AVIV– Tikun Olam-Cannbit (TASE: TKUN), an Israeli leading medical cannabis company, known for marketing of Clinically studied inflorescence and medical cannabis products, has signed this week an agreement with Maccabi Healthcare Services, Israel's second-largest HMO. As part of the agreement, Tikun Olam-Cannbit will offer Maccabi members whom hold a medical cannabis license discounts on company products ...
Berlin’s Cantourage Provides Fast Track Access To European Medical Cannabis Market For International Cultivators
BERLIN–European medical cannabis company Cantourage today launched its new and innovative platform, enabling cultivators from across the world to bring their product into the growing and profitable European market more quickly and cheaply. Already a price leader with a significant market share in the competitive German Dronabinol market, Cantourage and its partners now offer products ...
Pharmadrug Launches Psilocybin Online Retail Platform in the Netherlands
Toronto, Ontario–PharmaDrug Inc. (CSE: BUZZ) (OTC Pink: LMLLF) a specialty pharmaceutical company focused on the research, development and commercialization of controlled-substances and natural medicines such as psychedelics, cannabis and naturally-derived approved drugs, is pleased to announce that its Super Smart division has launched a Slim Winkel branded online retail platform in The Netherlands and Europe. ...
UK’s First Educational Cannabis Advertising Campaign
LONDON–For the first time ever, the Advertising Standards Authority (ASA) & Committees of Advertising Practice (CAP) has approved an educational cannabis message to be advertised in the public domain - a big step forward for the existing cannabis industry due to extremely restrictive advertising rules around cannabis. Launching this week in multiple prime Central London ...
Danes Extend Cannabis Pilot And Make Permanent Medical Cannabis Licences
COPENHAGEN–The Danish Parliament, on Monday, made the decision to extend the Pilot Programme for prescription of medical cannabis by another 4 years. They also agreed to make Danish cultivation and production of medical cannabis permanent beyond the expiration of the current Pilot in December 2021. The parliamentary agreement also means doctors will continue to have ...
The European Patent Office Grants Cannabics Patent For Personalized Medicine Drug Discovery Technology
TEL AVIV–Cannabics Pharmaceuticals Inc. (OTCQB: CNBX), a developer of cancer related cannabinoid-based medicine, announced today that the company's patent titled: "System and Method for High Throughput Screening of Cancer Cells" has been granted by the European Patent Office. Outside the European territory, corresponding patents under the same title have already been granted in Israel and in South Africa. Further to that, ...
Medical Cannabis Approved for Production and Sale in Greece
Athens–The Greek Parliament voted in favor of a bill to legalise the cultivation and sale of medical cannabis. The bill, which was proposed by the main opposition party Syriza, got 158 votes for and 33 against. The bill passed this Friday, 21st May, 2021. Although the vote passed, it was rejected by the Communist Party ...
Exclusive: A Realist’s Guide To Investing In Mexican Cannabis
VANCOUVER, B.C.–Knowing when and how to invest in the earliest stages of a newly regulated cannabis market is never easy. However, this can be especially true in a place like Mexico, where opaque political processes cast shadows that can be hard to step out of. It is near impossible to gain a clear perspective on ...